On May 22, 2025, the Centre for Science and Environment (CSE) released a crucial report on the occasion of the International Day for Biological Diversity, underscoring the vital role of community seed banks in protecting India’s food security against climate risks. These locally-managed

In a major setback to India’s semiconductor ambitions, Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, has declined an invitation from the Indian government to set up a fabrication plant in the country. The development is seen as a reality check on India’s roadmap to become a global semiconductor hub. Although TSMC has […]

Turkey-based ground handling company Celebi Hava Servisi saw its stock price crash nearly 20% over two trading days after India revoked its security clearance. The decision, triggered by national security concerns, has put the company’s India operations—previously a key source of revenue—in jeopardy and sparked legal proceedings in Indian courts. India Revokes Celebi’s

Shares of Turkish aviation services provider Çelebi Hava Servisi AS dropped sharply by 10% on the Istanbul Stock Exchange on May 16, 2025, following the Indian government’s decision to revoke the security clearance of its Indian subsidiary. The move sent shockwaves through Turkish financial markets, with investor sentiment taking a major hit amid fears of […]

In a major step toward strengthening India’s semiconductor ecosystem, the Union Cabinet has approved the establishment of the country’s sixth semiconductor manufacturing unit. The ₹3,706 crore facility will be developed in Jewar, Uttar Pradesh, through a joint venture between HCL and Taiwanese electronics giant Foxconn. HCL-Foxconn Semiconductor Plant in Jewar The plant

The Reserve Bank of India (RBI) has launched a detailed review of digital wallets tied to app-based services, following the sudden collapse of BluSmart, an all-electric taxi service. The move comes in response to mounting complaints from users who were left unable to recover funds stored in BluSmart’s internal wallet system. BluSmart’s Sudden Shutdown BluSmart […]

In a dramatic ruling that has sent shockwaves through India’s corporate and legal landscape, the Supreme Court has nullified JSW Steel’s ₹19,700 crore acquisition of Bhushan Power & Steel Ltd (BPSL). The deal, approved under the Insolvency and Bankruptcy Code (IBC) in 2019, was struck down on the grounds of serious procedural violations, marking a […]

India’s electronics manufacturing sector may be entering a new phase, as sources indicate that iPhone production has reportedly begun at Tata Electronics’ facility in Hosur, Tamil Nadu. The development is believed to be part of Apple’s ongoing strategy to diversify its manufacturing base away from China and strengthen its footprint in India. According to those […]

In a major strategic shift, Apple Inc. is preparing to relocate the assembly of all iPhones destined for the U.S. market from China to India by the end of 2026. This move is aimed at reducing supply chain risks, diversifying manufacturing operations, and countering rising trade tensions between the United States and China. iPhone Production […]

In a sharp response to recent allegations, Hindenburg Research founder Nate Anderson dismissed suggestions that Israel’s Mossad agency was involved in compiling their report on the Adani Group. Addressing the claims directly, Anderson called them “absurd” and likened them to a “James Bond fantasy.” The controversy stems from recent narratives pushed